Jobs and the Economy
The great recession left millions of Americans unemployed and millions more struggling to support their families. Although we’ve made progress, it is clear that we still have work to do. Moreover longer-term changes, brought by globalization and technology, have drastically changed our economy in the last three decades. With that in mind, competitiveness – how we can position our businesses and workers to compete on a global market – is the lens through which I analyze economic policy.
As the only former CEO of a publicly traded company currently serving in Congress, I understand that we need a vibrant private sector to create long-term job growth and a strong middle class. I support policies that encourage entrepreneurship, innovation, and a better climate for business.
There is also a role for government in making our country more competitive. Around the globe the healthiest economies are those where the public and private sector work together. My competitiveness agenda has five key components: 1) investing in a world-class education and research system for our workers, 2) developing a national energy policy that encourages domestic energy production with a goal towards becoming an alternative energy leader, 3) immigration reform so that the best and brightest can work for our companies, 4) infrastructure investment to rebuild our roads and bridges, and 5) a grand bargain budget deal to get our fiscal house in order.
In May I introduced the first major component of my competitiveness agenda, the Partnership to Build America Act (H.R. 2084). My legislation would finance up to $750 billion in infrastructure investment at no cost to the taxpayer, instead bonds would be sold to the private sector. With strong support from Republicans and Democrats, it represents the bipartisan approach to job creation that I believe is essential. For more information on the Partnership to Build America Act, click here.
More on Jobs and the Economy
WASHINGTON – Today Congressman John K. Delaney (MD-6) introduced the Tax Pollution, Not Profits Act, legislation that establishes a tax on greenhouse gas emissions. Congressman Delaney’s legislation uses revenues generated by this carbon tax to 1) lower the corporate tax rate, 2) provide extensive benefits to displaced coal industry workers and 3) provide payments to low and middle income Americans.
WASHINGTON –Congressman John K. Delaney urges the White House and the Trump Administration to focus on pairing infrastructure and tax reform in a letter sent today to President Donald J. Trump, Treasury Secretary Steven Mnuchin and the White House’s Chief Economic Advisor Gary Cohn.
WASHINGTON – During an interview with Bloomberg Television Friday, Congressman John K. Delaney (MD-6) urged the White House to adopt a new bipartisan approach. Congressman Delaney argued that the health care debacle proved that working to implement the House Republican agenda unilaterally will not prove successful and that the President should drop the Border Adjustment Tax and begin gathering ideas from all sides on how to fix the tax code and fund a major infrastructure program.
WASHINGTON – Following the Republicans’ failure to keep their core campaign promise to repeal the Affordable Care Act and take away the health care coverage of 24 million people, Congressman John K. Delaney (MD-6) calls upon President Trump to avoid another policy debacle and focus on policies that actually benefit the United States and grow the economy.
WASHINGTON – Congressman John K. Delaney (MD-6) has filed today two bipartisan infrastructure bills that use revenues from international tax reform to rebuild America, create good-paying jobs and improve our economic competitiveness. As Congress and the White House debate America’s infrastructure policy, these two bills offer a framework that has bipartisan support and is fully paid-for.
WASHINGTON – Today President Trump released his first budget proposal, outlining his blueprint for the next fiscal year. The White House budget includes drastic cuts to domestic programs, including large reductions in education grants, transportation, science and research, economic development programs, and assistance to the poor.
WASHINGTON – Today, the American Society of Civil Engineers (ASCE) released their 2017 Report Card for America’s Infrastructure, giving the United States a cumulative grade of D+. Among the specific grades, ASCE graded America’s roads a D, America’s dams a D, drinking water a D and ports a C+.
WASHINGTON – Tonight, President Trump will address a Joint Session of Congress. Earlier this week the President stated he would make a “big statement” on infrastructure during his remarks. Since taking office in 2013, Congressman Delaney has been a national leader on infrastructure policy, spearheading the effort to rebuild America’s infrastructure using revenues from international tax reform.
WASHINGTON – This morning Axios reported that President Trump and Republican leadership plan to “push off until next year any consideration of the massive infrastructure plan Trump wants” so that Republican lawmakers have more “breathing room” to work on other issues.
WASHINGTON – Today, Senate Democrats announced a comprehensive infrastructure plan funded by direct federal spending. For the last four years, Congressman John K. Delaney (MD-6) has been the leading advocate in Congress for using revenues from international tax reform to pay for rebuilding America’s infrastructure. Congressman Delaney has introduced two bills that have generated broad bipartisan support, drawing over 40 Republican and 40 Democratic cosponsors in the House and Senate since 2013.